'''Joel M. Stern''' is Chairman and Chief Executive Officer of '''Stern Value Management''', formerly Stern Stewart & Co, and the creator and developer of Economic Value Added
(EVA). He is a recognized authority on financial economics
, corporate performance measurement, Business valuation|corporate valuation
and incentive compensation and is a pioneer and leading advocate of the concept of shareholder value
He is also active in academia, and in the media.
After graduating from the University of Chicago
's Booth School of Business#Academic concentrations|graduate program in Finance and Economics
(Booth School of Business#Academics|MBA, Chicago-Booth
, 1964), he joined the Chase Manhattan Bank
where he ultimately ran Chase Financial Policy, their global consulting firm|consulting operation
. During this time, he developed EVA. In 1982, after 18 years at Chase Manhattan, he started Stern Stewart.